#Graysacle
Grayscale has introduced a new classification system for the crypto market, dividing it into six distinct sectors: Currencies, Smart Contract Platforms, Financials, Consumer & Culture, Artificial Intelligence, and Utilities & Services ๐ค.
Currencies include assets like Bitcoin, XRP, and Zcash, which serve as decentralized payment systems ๐ธ. Smart Contract Platforms, such as Ethereum, Solana, and Polygon, provide the infrastructure for decentralized applications ๐ค. Financials encompass protocols like Maker, Uniswap, and Aave, enabling lending and trading ๐. Consumer & Culture includes decentralized media and entertainment applications like ApeCoin, Decentraland, and Sandbox ๐ฎ. Artificial Intelligence features assets related to AI development, such as Bittensor, Near, and Grass ๐ค. Lastly, Utilities & Services comprise enterprise-level services like Chainlink, Filecoin, and Lido DAO ๐.
This categorization offers a clearer understanding of the diverse crypto landscape, highlighting the various use cases and applications within the industry ๐ก.